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De-allocate 3 mines, chop bank guarantee of 4 blocks: IMG

Deallocation of three more coal blocks was on Wednesday recommended by the Inter-Ministerial Group, which concluded scrutiny of 29 mines and will meet on Thursday to review further cases. The......

Rain triggers landslides in U'khand, Ganga breaches danger mark

Rains lashed many places in Uttarakhand on Sunday, triggering landslides that blocked several roads, even as the Ganga crossed the danger mark in Devprayag and the warning level in Haridwar due to......

For Adani, magic happened after 2014: In LS Rahul links group's rise to Modi

A belligerent Rahul Gandhi on Tuesday led a blistering opposition attack in Lok Sabha over the Hindenburg report, claiming that the meteoric rise in Gautam Adani's fortunes happened after the......

KCR's party invokes Telangana pride to check Naidu

IMAGE: TRS president and caretaker chief minister K Chandrashekar Rao addresses a public meeting, in Sangareddy.. Photograph: PTI Photo With little over a week left for Telangana state polls,......

COVID-19: How Mumbai has been done in by poor planning

Urban planners and real estate experts say bad town planning in Mumbai and rising deaths during the ongoing pandemic are a “sad reality”.  Dev Chatterjee and Raghavendra Kamath......

GVK Power's strategy for success

Gunapati Venkata Krishna (GVK) Reddy dislikes creases, be it in his clothes or business. It is not unusual to see the 65-year-old patriarch of GVK Power & Infrastructure often smoothening the......

Actis to buy into GVK's power business

Private equity investor Actis is set to acquire a stake in infrastructure major GVK's power business for about Rs 1,000 crore, according to sources close to the development. The deal was close to......

GVK Power: Hopes of debt cut priced in

  GVK Power & Infrastructure has gained investors’ interest recently following news of the company’s plans to monetise assets in the coal and airport verticals. The recent......

GVK default may singe group firms

The rating was downgraded despite 25 per cent held by stronger partner Indian Hotels, which operates the company’s seven properties in India. Illustration: Dominic Xavier/Rediff.com Despite......

Financial jitters for GVK-Hancock deal

GVK Power and Infrastructure's multi-billion dollar acquisition of Hancock Coal is facing last-minute jitters, as lenders financing the deal are scaling down their exposure.According to two......

Sania romps into last four

Indian tennis sensation Sania Mirza entered the semi-finals in the second US $10,000 ITF tournament, beating Silawan Choptang of Thailand 6-1, 6-3 in Jakarta on Thursday.The GVK-sponsored Wimbledon......

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